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Parkable
A sharing economy platform for car parking that allows companies and individuals to rent out their empty parking bays
About Parkable
Parkable is a technology-driven park sharing platform designed to optimize parking management for employees and tenants, while also providing public parking solutions. The company operates in the parking management market, serving corporate clients, commercial property owners, and individual users. Parkable's business model revolves around a mobile app that allows users to find, book, and share parking spaces, thereby generating revenue through subscription fees and transaction commissions. The platform enhances parking efficiency by offering features such as real-time availability, future booking, and seamless integration with access control systems. This not only improves the allocation of parking resources but also fosters a sense of community among users. Parkable's clients include large corporations, commercial property managers, and individual commuters, all of whom benefit from streamlined administration, automated problem resolution, and occupancy tracking. The company makes money by charging fees for its services, which include managing parking spaces and providing access to its app.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Auckland, New Zealand
- Employees
- 60
- Open positions
- 2
- Dealroom signal
- 72.2/100
- Industry
- Transportation
- Sub-industry
- Mobility
- Sector
- Transportation, Parking, Sharing Economy, Platform, NZ tech startup
- Business model
- SaaS
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Parkable.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Nov 2022 | $10M | $40M | Christopher & Banks Private Equity | ↗ |
| DEBT✓Debt | Dec 2021 | $1.5M | — | Pioneer Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Parkable is 47K monthly website visits, up 20.5% over the last three months. Parkable's team declined 4.8% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
 BeParkOptimizes, connects and shares parking lots in order to unlock immobility in cities and create value for community |
Ixelles, Belgium | Acquired | 57 | $3.3M | $13M |
 TransfrP2p car-sharing platform that tackles the age-old problem of airport parking and ground transportation |
Los Angeles, United States | Operational | |||
 ParkItParking for the Sharing Economy |
Fort Collins, United States | Operational | |||
 ParkyPeer-to-Peer Parking Platform |
Athens, Greece | Operational | |||
 MobilityXSingle platform to plan, book and pay for a seamless multi-modal journey |
Singapore, Singapore | Operational | |||
 PickParkingWireless sensor that allows its users to share information about parking spaces |
San Francisco, United States | Operational | |||
 ZimrideZimride by Enterprise | Private Network Ridesharing |
San Francisco, United States | Acquired | |||
 Ride ReportA solution for cities to integrate new forms of micromobility |
Portland, United States | Acquired |
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Spark
Rowan Simpson- CEChristopher & Banks Private Equity
Series B and later1 investor entered at this stage
Pioneer Capital
Other known investors2 additional known investors
Craig Cotton
NZ Growth Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Parkable on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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